Latest Stock Market News

REC shares experinced a decline on Friday despite a 29% YoY rise in Q1FY26 net profit to Rs 4,465 crore, driven by strong revenue and improved asset quality. The company also announced an interim dividend and maintained solid financial ratios, including a strong capital adequacy position.

NSDL IPO: NSDL revealed the price band for its IPO, setting it at ₹760–₹800 per share. The lot size is 18 shares, requiring a minimum investment of ₹14,400 for retail investors. The total issue size is estimated at ₹4,011.6 crore.

A recent survey by SBNRI reveals that 52% of NRIs are now prioritizing Indian commercial real estate (CRE) for its high returns and portfolio diversification benefits. This shift is fueled by the post-COVID rebound, streamlined processes, and enhanced transparency in the Indian real estate sector.

Indiqube Spaces IPO GMP: Retail investors demonstrated the strongest interest, with their portion oversubscribed 7.74 times. The Non-Institutional Investor (NII) segment saw a subscription of 2.26 times, while Qualified Institutional Buyers (QIBs) subscribed 1.42 times to their allotted quota.

CDSL shares fell as investor focus shifted to rival NSDL’s upcoming IPO, set to open on July 30. With strong grey market interest and a Rs 16,000 crore valuation target, NSDL’s listing has put pressure on CDSL, its direct competitor in India’s depository space.

Jigar Mistry outlines a cautious yet optimistic 6-month market roadmap, highlighting sector shifts, earnings risks, and key investment strategies.

Jim Rogers expresses optimism about India s economic future, citing a shift in Delhi s understanding of prosperity. Despite this, he s sold his holdings due to global market highs and anticipates potential problems. Rogers awaits significant market fear before reinvesting, particularly in India, which he believes will be a leading nation again.

Indian equity markets experienced a significant downturn on Friday, with the Sensex and Nifty50 both declining. Financial stocks, particularly Bajaj Finance, led the sell-off due to concerns over asset quality and broader worries about global cues. Uncertainty surrounding a US-India trade deal and continued selling by foreign investors further contributed to the market s negative performance.

IEX shares: The sell-off led to a surge in trading activity, with 12.77 crore shares worth ₹1,740 crore changing hands—exceeding the total volume of all 16 previous July sessions combined. Notably, 43.75% of the shares traded on the NSE were marked for delivery, signaling significant investor churn.

Phoenix Mills shares rose sharply on Friday after a modest Q1 earnings and announcing a major acquisition. The company will fully acquire its JV with CPP Investments for over Rs 5,449 crore, boosting investor sentiment despite technical indicators showing short-term weakness and bearish momentum.